Financial Snapshot

Revenue
$15.50M
TTM
Gross Margin
42.79%
TTM
Net Earnings
$5.122M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
9.59%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$7.700M
Q3 2024
Cash
Q3 2024
P/E
0.1268
Nov 25, 2024 EST
Free Cash Flow
$3.212M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $13.15M $451.2K $2.050M $5.488M $4.143M $7.069M $1.232M $1.264M $498.4K $940.7K
YoY Change 2815.04% -77.99% -62.65% 32.46% -41.39% 473.95% -2.58% 153.65% -47.02%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $13.15M $451.2K $2.050M $5.488M $4.143M $7.069M $1.232M $1.264M $498.4K $940.7K
Cost Of Revenue $5.316M $85.00K $6.610K $10.46K $838.0K $1.174M $210.2K $369.0K
Gross Profit $7.618M $147.5K $735.1K $4.137M $7.059M $393.7K $90.24K $288.2K $571.6K
Gross Profit Margin 57.92% 32.7% 35.86% 99.84% 99.85% 31.96% 7.14% 57.83% 60.77%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $1.954M $1.980M $3.849M $1.514M $1.222M $957.6K $939.4K $767.0K $561.9K $712.5K
YoY Change -1.32% -48.56% 154.23% 23.88% 27.62% 1.93% 22.48% 36.48% -21.14%
% of Gross Profit 25.64% 1341.97% 523.57% 29.54% 13.57% 238.62% 849.91% 194.96% 124.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $786.6K $910.3K $1.160M $648.4K $529.5K $437.7K $331.3K $261.8K $57.50K $0.00
YoY Change -13.6% -21.51% 78.88% 22.46% 20.97% 32.13% 26.55% 355.27%
% of Gross Profit 10.33% 617.08% 157.79% 12.8% 6.2% 84.15% 290.09% 19.95% 0.0%
Operating Expenses $2.741M $1.980M $3.849M $1.514M $1.222M $957.6K $939.4K $767.0K $561.9K $712.5K
YoY Change 38.43% -48.56% 154.23% 23.88% 27.62% 1.93% 22.48% 36.49% -21.14%
Operating Profit $4.877M -$1.832M -$3.114M $2.915M $6.101M -$545.7K -$676.7K -$273.7K -$140.9K
YoY Change -366.2% -41.15% -52.23% -1217.97% -19.36% 147.25% 94.21%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense -$1.198M $82.72K -$773.0K -$529.5K -$863.3K -$1.101M -$515.6K -$277.2K -$51.84K -$20.39K
YoY Change -1547.98% -110.7% 45.99% -38.67% -21.6% 113.55% 85.99% 434.76% 154.24%
% of Operating Profit -24.56% -29.62% -18.05%
Other Income/Expense, Net -$1.198M $1.077M $571.1K $1.000K
YoY Change -211.17% 88.67% 57006.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income $3.680M -$754.8K -$4.153M -$1.247M -$1.305M -$1.072M -$1.061M -$953.9K -$325.6K -$161.3K
YoY Change -587.51% -81.83% 233.0% -4.44% 21.77% 0.98% 11.26% 193.02% 101.8%
Income Tax $30.00K -$1.253K $1.810K $65.36K $5.230K $1.040M $106.0K $2.160K $1.720K $1.010K
% Of Pretax Income 0.82%
Net Earnings $3.650M -$753.5K -$4.155M -$1.313M -$1.309M -$2.110M -$1.168M -$956.0K -$328.0K -$161.5K
YoY Change -584.34% -81.86% 216.55% 0.28% -37.98% 80.68% 22.18% 191.5% 103.03%
Net Earnings / Revenue 27.75% -167.0% -202.67% -23.92% -31.59% -29.85% -94.84% -75.62% -65.8% -17.17%
Basic Earnings Per Share $0.68 -$0.14
Diluted Earnings Per Share $0.68 -$0.14 -$8.117K -$3.427K -$3.417K -$5.510K -$3.618K -$3.054K -$1.208K -$693.10

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $563.5K $90.60K $264.8K $247.9K $537.2K $166.9K $165.6K $208.3K $331.5K $91.69K $10.00K
YoY Change 521.94% -65.79% 6.85% -53.86% 221.85% 0.82% -20.53% -37.16% 261.56% 816.9%
Cash & Equivalents $563.5K $90.60K $264.8K $247.9K $537.2K $166.9K $165.6K $208.3K $331.5K $91.69K $0.00
Short-Term Investments $0.00 $10.00K
Other Short-Term Assets $28.12K $5.320K $12.31K $5.930K $17.18K $2.340K $2.520K $2.490K $5.920K $1.660K $0.00
YoY Change 428.57% -56.78% 107.59% -65.48% 634.19% -7.14% 1.2% -57.94% 256.63%
Inventory
Prepaid Expenses
Receivables $3.008M $0.00 $1.033M $1.850M $0.00 $2.850K $54.99K $41.55K $22.50K $10.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $3.600M $95.92K $277.2K $1.287M $2.405M $169.3K $170.9K $265.8K $379.0K $115.9K $20.00K
YoY Change 3652.98% -65.39% -78.46% -46.49% 1320.83% -0.97% -35.7% -29.86% 227.13% 479.25%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $3.675M $1.131M $539.5K $2.201M $2.754M $2.046M $2.463M $2.057M $2.319M $0.00 $0.00
YoY Change 224.85% 109.68% -75.49% -20.09% 34.65% -16.96% 19.76% -11.29%
Total Assets $7.274M $1.227M $816.6K $3.488M $5.159M $2.215M $2.634M $2.323M $2.698M $115.9K $20.00K
YoY Change
Accounts Payable $296.5K $148.5K $129.4K $2.892M $3.363M $338.8K $147.4K $123.8K $69.88K $90.87K $80.00K
YoY Change 99.65% 14.76% -95.52% -14.0% 892.75% 129.88% 19.03% 77.16% -23.1% 13.59%
Accrued Expenses $1.097M $904.6K $492.0K $284.9K $388.0K $399.3K $351.0K $311.3K $232.6K $216.3K $4.080M
YoY Change 21.27% 83.87% 72.69% -26.57% -2.84% 13.77% 12.76% 33.81% 7.54% -94.7%
Deferred Revenue
YoY Change
Short-Term Debt $7.464M $5.591M $3.341M $147.0K $147.0K $163.0K $163.0K $163.0K $163.0K $163.0K $220.0K
YoY Change 33.49% 67.36% 2172.63% 0.0% -9.82% 0.0% 0.0% 0.0% 0.0% -25.91%
Long-Term Debt Due $2.797M $2.797M $2.805M $4.673M $4.483M $4.293M $3.510M $2.002M $0.00
YoY Change 0.0% -0.3% -39.97% 4.23% 4.43% 22.3% 75.34%
Total Short-Term Liabilities $11.94M $9.586M $8.403M $9.497M $9.545M $5.834M $4.362M $3.659M $1.466M $470.2K $4.370M
YoY Change 24.5% 14.08% -11.51% -0.51% 63.62% 33.76% 19.19% 149.71% 211.69% -89.24%
Long-Term Debt $150.0K $150.0K $150.0K $174.4K $0.00 $0.00 $0.00 $0.00 $586.6K $0.00 $0.00
YoY Change 0.0% 0.0% -13.99% -100.0%
Other Long-Term Liabilities $53.67K $53.67K $190.0K $658.2K $1.463M $919.8K $699.8K $0.00 $826.2K $0.00
YoY Change 0.0% -71.75% -71.13% -55.01% 59.04% 31.45% -100.0%
Total Long-Term Liabilities $203.7K $203.7K $340.0K $832.6K $1.463M $919.8K $699.8K $0.00 $1.413M $0.00 $0.00
YoY Change 0.0% -40.1% -59.16% -43.08% 59.04% 31.45% -100.0%
Total Liabilities $12.14M $9.790M $8.744M $10.33M $11.01M $6.755M $5.064M $3.662M $2.881M $472.1K $4.370M
YoY Change 23.99% 11.97% -15.35% -6.17% 62.96% 33.39% 38.3% 27.11% 510.23% -89.2%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 5.332M shares 5.332M shares
Diluted Shares Outstanding 5.332M shares 5.333M shares 5.119M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $649.43 Thousand

About QUEST PATENT RESEARCH CORP

Quest Patent Research Corp. engages in the development, acquisition, licensing, and enforcement of intellectual property rights, which are either owned or controlled by the company or its wholly owned subsidiaries. The company is headquartered in Rye, New York and currently employs 1 full-time employees. The firm's principal operations include the acquisition, licensing, and enforcement of intellectual property rights that are either owned or controlled by the Company or one of its wholly owned subsidiaries. The firm owns, controls, or manages 22 intellectual property portfolios, which principally consist of patent rights. Its intellectual property portfolio includes fees from the licensing of its intellectual property, primarily from litigation relating to the enforcement of its intellectual property rights. The firm develops its business by acquiring intellectual property rights, either in the form of ownership or an exclusive license to the underlying intellectual property. The firm's intellectual property portfolio includes Mobile Data, Flexible Packaging -Turtle Pak, Universal Financial Data System, and Rich Media.

Industry: Wholesale-Miscellaneous Nondurable Goods Peers: Global AI, Inc. Daniels Corporate Advisory Company, Inc. LEGACY CARE PARTNERS INC. HIGH WIRE NETWORKS, INC. Integrated Cannabis Solutions, Inc. PUBLIC CO MANAGEMENT CORP